Increased non-commodity costs in Belgium and neighbouring countries (VIB Seminar 2014)
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Transcript of Increased non-commodity costs in Belgium and neighbouring countries (VIB Seminar 2014)
18/10/2012 E&C Market info slide 1
Increased non-commodity costs in
Belgium and neighbouring countries
07/10/2014
22/09/2014 E&C Market info slide 2
Introduction
07/10/2014 E&C – VIB seminar slide 3
Energy p rocu remen t consu l tancy
Gas & electricity Focused on price, not on
consumption reduction
Consulting, not supplying,
trading or brokering
CLIENT
SUPPLIER CONSULTANT
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Global customer loyalty
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22/09/2014 E&C Market info slide 6
Febeliec benchmark study
(June 2014 ~ 100 – 1000 GWh)
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Febeliec study (update June 2014)
< 100 GWh ?
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22/09/2014 E&C Market info slide 10
E&C benchmark study
(September 2014 <100 GWh)
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TOTAL DE - BE - NL - FR
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TOTAL BE – NL – FR
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COMMODITY DE – BE – NL - FR
51,8 51,0
44,9
36,5
49,751,0
48,9
41,2
50,852,0 51,8
43,6
50,6 51,5
46,9
38,0
0
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Germany Belgium The Netherlands France
€/M
Wh
Commodity price for base load profiles (5-10 GWh)
Commodity
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Non-commodity
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TAXES DE – BE – NL - FR
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TAXES BE – NL - FR
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T&D DE – BE – NL - FR
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TAXES Flanders – Brussels –Wallonia
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T&D Flanders – Brussels - Wallonia
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But, beware of…
The distribution cost in Flanders is ‘doped’ as pointed out by
the SERV
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• Certificate glut
• Cost of freezing the grid tariffs
• Increasing pre-financing cost
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Short term
Long term
Solution?
• Avoid additional financing cost?
• Spread the cost over more generations?
• Introduce a ‘bad fund’ with shares?
• Finance the debt by public funds?
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Commodity
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37
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1/0
1/1
1
1/0
3/1
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1/0
5/1
1
1/0
7/1
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1/0
9/1
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1/1
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1/0
1/1
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1/0
3/1
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5/1
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9/1
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€/M
Wh
Endex BE Cal contracts
Cal 14 Cal 15 Cal 16 Cal 17
Doel 3 &
Tihange 2
Doel 4
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Disposable for pay-back on fixed costs
Marginal cost = variable cost to
produce an extra MWh of electricity
Renewable Nuclear Coal Gas
Marginal cost
€/M
Wh
CO2
CO2
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2013: Doel 3 – Tihange 2
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2015: Doel 3 – Tihange 2 – conventional
outages + strategic reserve
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2015: Doel 3 – Tihange 2 – Doel 4 –
conventional outages + strategic reserve
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5,0
5,5
6,0
6,5
7,0
7,5
8,0
8,5
Janu
ary
Fe
bru
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Ma
rch
Apri
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Ma
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June
July
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Sep
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Octo
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Novem
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Decem
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TW
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Power consumption in Belgium (TWh)
2009-2012 range 2012 2013 2014
Context of declining consumption
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… and declining peak demand
Peak load (MW)
2014 12.469
2013 13.385
2012 13.362
2011 13.208
2010 13.845
2009 13.530
2008 13.479
2007 14.033
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Conclusion
• ‘German consumers pay less than Belgian consumers’: only
partly true and not in all cases
• Need for a transparent invoice that is clear for consumers &
gives them a better basis to take decisions
• Need for additional cross-border capacity remains
• Some suppliers took their production plants out of the market but
keep it available for the security of supply because of introduction
of capacity cost
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More information?
Kobe Cannaerts
Operations Director, E&C
Spinnerijkaai 43
8500 Kortrijk – Belgium
Direct: +32 56 25 24 25
http://www.eecc.eu
http://energytics.wordpress.com